In the United States, the individual income tax is best described as a
a. regressive tax
b. proportional tax
c. flat tax
d. progressive tax
e. repressive tax
Question 2
Which of the following would indicate that a tax is regressive?
a. High-income people pay 5,000 . low-income people pay 2,000.
b. High-income and low-income people pay 200 each.
c. High-income people pay 20 percent of their income in taxes; low-income people pay 10 percent.
d. Both high-income and low-income people pay 10 percent of their income in taxes.
e. Low-income people are exempt from the tax.
Rate of Residential Change, Past Year, in the United States
Global Stratification: Income of the World's Nations
One of the cultural privileges of being white in the United States is less suspicion of wrongdoing.
Income Distribution in the United States, 2009
Saving Rates by Income Quintile, 2003
Survivorship curves for people in the United States in the early 20th and early 21st centuries